• Myth 1: Increased government spending stimulates the economy during recessions
• Myth 2: Lower tax rates are bad for the economy in a recession
• Myth 3: Raising tax rates will not harm economic growth
• Myth 4: Austerity in the form of spending cuts will harm growth and employment
• Myth 5: Real household income has not grown in the past 20 years
• Myth 6: The distribution of income is increasingly inequitable
• Myth 7: Raising tax rates on the rich will not harm the economy